Pages

Monday, December 5, 2016

Ravel has just announced the release of a new Court Analytics feature that will be available to subscribers as an "add on" feature. Ravel will be hosting a launch webinar today Monday, Dec. 5th at 11 am est 2 pm est and "your truly" will be providing commentary on the rise of legal analytics in legal practice.

Ravel's Court Analytics

December 05, 2016 11:00 ET

Ravel Law Launches New Analytics for US Court System

First Platform to Offer Analytics for All Federal and State Courts

SAN FRANCISCO, CA--(Marketwired - December 05, 2016) - Ravel Law, a legal research and analytics platform, today announced the launch of Court Analytics, a first-of-its-kind offering that provides an unprecedented view into the caselaw and decisions of state and federal courts.Ravel's Court Analytics answers critical questions that litigators face in developing legal strategy. By analyzing millions of court opinions to identify patterns in language and case outcomes, Ravel empowers litigators to make data-driven decisions when comparing forums, assessing possible outcomes, and crafting briefs using the most important cases and rules. Complex projects that used to take hours or days of research can now be done in minutes, with answers that deliver richer intelligence and detail."Court Analytics offers law firms a truer understanding of how courts behave and how cases are tried. Attorneys can inform their strategy with objective insights about the cases, judges, rules and language that make each jurisdiction unique. The future of litigation will be different, and we're already seeing changes -- with top attorneys combining their art of lawyering with our science, to advance their arguments in the most effective way possible," said Daniel Lewis, co-founder and chief executive officer of Ravel Law. Court Analytics applies data science, natural language processing, and machine learning to evaluate millions of court decisions spanning hundreds of years from over 400 federal and state courts. Its features include:

Predict possible outcomes by identifying how courts and judges have ruled on similar cases or or motion types in the past.

Uncover the key cases, standards, and language that make each court unique.

With Ravel's analytical research tools, lawyers can take advantage of never-before-seen insights, such as:

Judge Susan Illston in the Northern District of California grants 55% of motions to dismiss, same as the district average, whereas Judge Lucy Koh grants 63% and Judge William Alsup grants just 49%.

The Second Circuit is most likely to turn to the 9th Circuit for persuasive caselaw, and then to the 5th and 7th Circuits.

Measured by citations, Judge Richard Posner truly is the most influential judge on the 7th Circuit. One of Posner's most widely cited decisions is Bjornson v. Astrue, an appeal from a district court decision affirming the denial of social security disability benefits by an adminis­trative law judge. The most important passage of that decision is on page 644, as it deals with the Administrative Law Judge's "opaque boilerplate."

The California Court of Appeals has ruled on more than 1,000 cases that deal with the right of privacy. The two most important precedential decisions the courts rely on in such cases are California Supreme Court cases: White v. Davis and Hill v. National Collegiate Athletic Association.

Court Analytics adds to Ravel's analytical research suite, alongside the award-winning Judge Analytics tool, which identifies the rules, cases, and specific language that a judge commonly cites, and Case Analytics, which finds key passages within cases and shows how they are interpreted. Using the Ravel platform, attorneys can gain insights customized to the unique circumstances of their case at every step of their research process. All three features are available today (www.ravellaw.com) via paid subscription (for individuals and organizations). Ravel's subscription-based services are enhanced by the "Caselaw Access Project," the company's ongoing collaboration with Harvard Law School to digitize the school's entire collection of U.S. caselaw, one of the largest collections of legal materials in the world. Through this project, millions of court decisions are being digitized and added to the Ravel platform. This database of American law serves as an underlying data set that people can search and view for free in Ravel, in addition to using Ravel's paid technologies to derive insights. Ravel will be hosting a launch webcast to share more details on Court Analytics on Monday, December 5, 2016, 11:00 AM PST (2 pm EST). Register here to learn more: https://attendee.gotowebinar.com/register/7457269768975514627?source=CMSAbout Ravel LawRavel is a legal search, visualization, and analytics platform. Ravel empowers lawyers to do data-driven research, with analytics and interfaces that help them sift through vast amounts of legal information to find what matters. Established by lawyers in 2012, Ravel spun out of interdisciplinary work between Stanford University's law school, computer science department, and d.school. Ravel is based in San Francisco, and is funded by New Enterprise Associates, North Bridge Venture Partners, Ulu Ventures, Experiment Fund, and Work-Bench.

Sunday, December 4, 2016

I have recently been musing on the
powerful predictive insights that could be generated by combining legal and business event data and mapping historic correlations between litigation and financial data. It is a terrible thing to be blessed with ideas and but lack the technical skills for execution.

Imagine my surprise when I came across a press release from
Thomson Reuters describing a new "app" they were making available to
their financial services customers. The app useslegal data from Court Wire to not only alert traders to lawsuits against
companaties they follow, but the app provides historical data on market and
business events following similar litigation in the past.

The Legal market has been using Thomson Reuters Court Wire and competitor products to track litigation for more than a decade. Recently Thomson Reuters offered customers of their Eikon financial services product a new Court Wire app.

The Court Wire application offers traders special features which are unavailable in the legal market. Court Wire app provides users with customizable,
timely alerts and search criteria, visual movement of real-time and historical
price changes, summaries of complex legal cases, and, utilizing Eikon charting
and reporting tools, the ability to create interactive visualizations and
competitive analysis. These features are all designed to provide traders with a
streamlined and efficient workflow.

Here is the most interesting feature. According to the press release,
"The app provides automatic alerts in a trader’s stock portfolio when a
lawsuit has been filed against a corporation and charts historical data to show
how the stock prices of other companies and industries have reacted in similar
circumstances. This analysis empowers financial professionals to make quick,
informed investments."

What is baffling to me is that this is not simultaneously
being offered in the legal market where there is an insatiable appetite for insights which can provide a business advantage. Is it not obvious that lawyers are also interested in predicting business as well as legal risks?

This is the totalno-brainer. When will the similar insights be offered to the legal
market. Could not TR's alignment with IBM Watson be used to drive deep
correlations and insights between litigation in a while I do to you but events.

I asked if Thomson Legal could comment on the CourtWire
app and find out if they planned to release a similar app to their legal
customers.

Leann
Blanchfield, vice President, product development provided this response: "I
can't speak to what we have in the pipeline, but I can speak to the integration
of content that has been happening across Thomson Reuters to bring relevant
data to customers from products serving professionals in other markets. A
recent example is the integration of certain business data from Eikon — part of
our Financial & Risk business — into our business development solutions,
including Monitor Suite and Business Development Premier.

This work is made possible by Open PermID, which Thomson
Reuters has been using company-wide to improve internal data federation. The
Thomson Reuters Permanent Identifier is a machine readable, 64 bit number used
to create a unique reference — which will never change over time — to a piece
of information. The PermID helps us, as well as our customers and partners,
handle data management challenges, eliminate mapping inconsistencies, reduce
operational risk, and streamline end-to-end workflow processes across various
platforms. As we discussed with you in January at our Innovation Summit, we are
also making a subset or of our PermIDs available to anyone through an open
license.

The integration of Court Wire on the Eikon platform and
Eikon data in our biz dev products is driven by the same spirit that drove the
creation of Practice Point, a product launched this year that puts Westlaw and
forms content into a Practical Law-inspired, task-oriented solution."

This answer does not suggest that there will be a
CourtWire/Eikon app offered to the legal market any time soon,
or at least they are not ready to say.. but let me be the first to say I think
the legal market would also welcome an app which provided insights into the correlations
and consequences of ligitation on business entities and industries following similar
litigation.

Monday, November 28, 2016

Editors of the ABA Journal announced today they have named Dewey B Strategic to the Blawg 100, -- one of the 100 best blogs for a legal audience. In addition, Dewey B Strategic was one of the 10 blogs added to the Blawg 100 Hall of Fame, which features "the very best law blogs, known for their untiring ability to craft high-quality, engaging posts sometimes on a daily basis."

“For 10 years, the Blawg 100 has helped shine a light on the stunning breadth of legal topics and voices to found in the legal blogosphere,” Acting Editor-Publisher Molly McDonough said. “Journal editors have selected yet another stellar list of blogs. We hope you’ll find legal information sources in this list that are completely new to you and bookmark them for regular reading.”

Congratulations to the other Honorees including consultant friends and colleagues Ron Friedmann for Strategic Legal Technology and Jordan Furlong for Law 21- must read blogs for great insights into law firm management and innovation issues.

Bloomberg Law's Big Law Business - one of my favorite daily reads, was named to the Blawg 100 for the first time.

Thanks to Molly McDonough, Acting Editor and Publisher, ABA Journal for continuing to highlight the unique insights provided by the insomniac and obsessive members of the legal blogger community

About the ABA Journal:
The ABA Journal is the flagship magazine of the American Bar Association, and it is read by half of the nation’s 1.1 million lawyers every month. It covers the trends, people and finances of the legal profession from Wall Street to Main Street to Pennsylvania Avenue. ABAJournal.com features breaking legal news updated as it happens by staff reporters throughout every business day, a directory of more than 4,000 lawyer blogs, and the full contents of the magazine.

About the ABA:
With nearly 400,000 members, the American Bar Association is the largest voluntary professional membership organization in the world. As the national voice of the legal profession, the ABA works to improve the administration of justice, promotes programs that assist lawyers and judges in their work, accredits law schools, provides continuing legal education, and works to build public understanding around the world of the importance of the rule of law.

Monday, November 21, 2016

ALM will host “the largest legal
industry gathering” at an event called “Legalweek, The Experience” at the New
York Hilton Hotel, January 31st
to February 2nd .

You may notice that this is the same
week when Legal Tech normally occurs in New York. Legal Tech is still part of
the event, but the ALM press release describes
this as “the Inaugural Conference to address the Business and Regulatory
Trends, technology and Talent Drivers Impacting the Business of Law.”

I spoke with John
Stuttard, senior vice president of global events at ALM. Studdard explained that Legaltech
New York will remain largely unchanged as part of the greater Legalweek event
structure. An article on Law.com described the event as kicking off with a “State of the Industry” view featuring three
elements. “First, ALM’s insights team will share some of their analysis of the
industry throughout the last year. Second, a yet-to-be-disclosed “futurist”
will share thoughts about issues facing the legal market. And finally, a set of
panel discussions moderated by a TV news anchor featuring top attorneys will
discuss the previous two portions of the event.”

Over
the past few years, Legal Tech programming and exhibits have become heavily focused on ediscovery.
Studdard talked with legal vendors who expressed concern that they offer many
products which require a broader audience than those attending the traditional Legal Tech program. Studdard
has come up with a bold plan which is inspired by the fashion industry’s “Fashion
Week” which brings an entire industry together for a high profile, buzzworthy
event.

I immediately thought that the new “Legalweek”
brand had some connection to the UK
focused “Legal Week” publication which was purchased by ALM earlier this year.
Studdard said there is no connection.

Bill Carter,
CEO of ALM described explained the Legalweek program in the press release: "The
world is on the precipice of change due to the confluence of current global
economic, technology and business trends, and the legal industry needs to adapt
in order to stay ahead of the curve. We've talked to our customers about their
pain points, and they told us they need help preparing for the future,
realizing operational efficiencies and effectiveness, managing a diverse talent
base and evolving client interactions. We created this event to address
these concerns and other issues impacting their business operation in one
comprehensive forum."

·LegalExecutive:
An invitation-only forum gathering the industry's top minds to provide insight
into how they are translating the global business trends into action and
shaping their businesses' respective directions.

·LegalWomensForum:
An interactive caucus of women working in the legal field, this area of focus
will offer innovative ideas and solutions that lead to the retention and
advancement of experienced women in law firms and corporations.

·Legaltech:
Known as the industry's largest and most important legal technology tradeshow,
Legaltech delves into leading legal technology solutions and showcases how the
industry's most successful firms are preparing for the future.

·LegalPros:
Law librarians, paralegals and administrators can discover innovative ideas and
solutions that help them evolve their roles as the manager, educator and
knowledge influencer of the legal research and litigation tools of the firm.

·LegalMarketing:
This focus area explores how modern forces impact the way law firms handle
business development and provides a think tank environment for marketers to
guide firms into 2017 and beyond.

·LegalCIO:
With so much changing in technology, this event fosters discussions around
relevant opportunities and challenges impacting today's law firm information,
technology and knowledge management professionals.

·LegalSmallFirm: This area of focus explores
how technology can support efficiency improvements, client growth and scalable
operations for small law firms.

Anyone
who registers for any of the Legalweek tracks will be able to enter the exhibit
hall and can attend the the plenary speaker events. ALM
is expecting 10,000 attendees and the exhibit hall will feature more than 300
exhibitors at the LegalTech exhibit hall.

In addition
to the seven focus areas, programming will include keynote presentations, panel
discussions, an exhibition floor and opportunities to network, Legalweek will
also feature live entertainment through LegalLive. Visit www.legalweekshow.com
or follow @Legalweekshow for program and speaker updates, as well as to submit
requests for sponsorship and/or speaking opportunities.

Wednesday, November 16, 2016

After 13 years Fastcase is getting a
makeover. Over the past few weeks Fastcase has been rolling out Fastcase
7 to the 27 bar associations which provide Fastcase to their
members. Tomorrow they are launching Fastcase 7 for
law firm subscribers. I have watched Fastcase grow from a beta
platform to a serious legal research platform with more than 800,000 subscribers.
The new Fastcase 7 interface will start out as a new option which
customers can choose to access from the "classic" home
screen.

The Fastcase 7 Home Screen

Ed Walters, the CEO of Fastcase provided this
rationale for the phase in of Fastcase 7. "We’re moving people’s cheese,
and we know that can be a difficult transition, so we’re doing it slowly.
The plan is to have people log into the classic Fastcase interface by
default, with the ability to toggle to Fastcase 7, as a start. After
about 6 months, when we know that people like Fastcase 7, we’ll flip the
default. Users will log in to Fastcase 7 by default, with a toggle to go
back to the classic Fastcase interface. After about a year’s transition,
we’ll phase out the toggle to the classic version. " But Walters isn't
tied to any specific timeline. " These aren’t hard and fast deadlines
for the roll out... If people need longer to feel comfortable, we
can extend; if everyone loves Fastcase 7, we can accelerate." Both
Fastcase classic and Fastcase 7 are built on the same search platform - even
though the look and feel are very different.

Walter's expects it to be a smooth transition. Fastcase 7
includes all of the most popular Fastcase classic features: copy with citation, dual-column printing, integration
with HeinOnline and Clio, batch printing, Bad Law Bot, annotated statutes. He also outlined for me some of the highlights of the new Fastcase 7 platform.

Training Resources. The first time a subscriber logs in to
Fastcase 7, there’s an animated, guided tour which can be re-run it at any time
by selecting Guided Tour from the orange Help and Support resource center on
the Fastcase 7 home page. There is in fact, a whole suite of training materials
– user guides, how-to videos, lesson plans for teachers, problem sets, even
crossword puzzles for training people on the new Fastcase 7. All of this
can be found at https://www.fastcase.com/education/.
Some of these are designed for self-guided instruction, but many are designed
for law librarians and legal research professors to use as teaching
aids. There is also a free Fastcase 7 webinar series (more info
here: http://www.fastcase.com/webinars/)

The New Look The original Fastcase was designed to be
used on the low-resolution, square 4:3 CRT monitors of the 2000s era. Fastcase
7 is designed for high-resolution 16:9 wide-screen displays. Walters who is
a bit of a
"typography nerd" took great care in
selecting the colors, fonts, and sizes to assure that everything
is very easy to read. The Kepler font was chosen for case displays so
that they look like they’re printed on a page. According to Walters,
Kepler originated in legal publishing, and "tests showed that it was very
easy on the eyes, which is especially welcome when doing legal research for hours
on end."

The Fasecase 7 Plaform in Action

Highlighting the Interactive Timeline. I have always
been baffled that interactive timeline feature was not front and center on
Fastcase. Fastcase 7 finally moves The Interactive
Timeline to the front of the results page, to assure that more
people can see the data visualization tools. Walters
acknowledged the misstep of having "invented data visualization for
legal research in 2008, and cleverly hid it on a tab behind search results,
where nobody would ever find one of our coolest features."

Global Search. Fastcase started out as a caselaw service,
but over the years they have expanded to include almost 40 million documents which
include statues from all 50 states, the U.S. Code, current regulations for most
of the 50 states, the CFR and every law review article ever published in America
from their partnership with HeinOnline and much more. On Fastcase
7, subscribers can search across all data types with a single
search, and filter down with facets on the results page.

Advanced Search The advanced search page
is full of "power tools for power users." Walters is trying
to empower researchers:"So many people are going to the Google model
for legal research – one box and a billion results. That’s awesome for
the Web, when you’re looking for one thing, but terrible for legal research ,
where you’re searching for lots of things, or to see that nothing of a certain
type exists. Google-like legal research runs the risk of infantilizing
legal researchers — we’re trying to empower great legal researchers."

Source Selection. On Fastcase
7, users can choose from recently searched libraries, or a fixed list of
libraries from a state of their choosing or select from a big type-ahead
list of all possible jurisdictions.

"Goof-proofing your research." Fastcase has
offered the Forecite features for years. Forecite uses deep citation analysis
to identify caselaw which is relevant but not explicitly linked
through specific citations or keywords. This feature has been expanded
to search all the libraries and data types and suggests additional
resources that might be useful.

Add caption

The Quantum Interface. Walters describes Fastcase 7 is
a single-page app. The page does not reload every time a link is
clicked. Search results are “bottomless” and all on the same page which Walters describes this way;" Fastcase
7 has a quantum interface: instead of switching pages on the app, all of
the pages exist on every page, behind the scenes – they pop in or resize
themselves, so you don’t need to keep reloading the pages." It’s elegant,
fast, and according to Walters it’s the only single-page app in legal
research.

The Walters Doctrine of Pricing and Innovation:
"Innovation isn’t a new product that law firms should pay more for.
It’s table stakes for legal tech companies. We innovate as a part
of doing business, and it should be included in the price, not serve as a
justification for a price increase. Firms love putting Fastcase in the
budget, because they always know what it will cost, with no exceptions,
ever." There is no price increase for Fastcase 7!

The Public Beta. Walters regards Fastcase 7 as a
public beta. Users are encouraged to report any issues using the
Feedback link on the bottom right of every page. Fastcase will continue
their product development efforts on Fastcase 7, and subscribers should
continue to see improvements during calendar 2017. " We’re an agile
software development shop, which means there’s a new release of Fastcase every
month. Tell us what you like, or what you hate, and we’ll make
improvements."

OK Walters sounds a bit like a new father handing out
cigars: " We work hard to build beautiful, innovative software, and we’re thrilled
with Fastcase 7. It’s the most powerful, most intuitive, most elegant
legal research software ever built, and it will only get better from here.
I hope people love it as much as we do!" ... But who can blame him for having a passion for excellence in a product he and his co-founder Phil Rosenthal have been building for more than a decade Congratulations to Walters and his Fastcase team on the
launch of Fastcase 7!

Tuesday, November 15, 2016

When Lex Machina was acquired by LexisNexis last year, the company promised that the huge Lexis data archive would be leveraged to expand Lex Machina beyond its original intellectual property
offerings. Last summer they announced the launch of a securities analytics product. Today they are announcing the launch of an antitrust analytics product.

The new module will enable litigators to ask new questions and gain new insights based on a data generated by more than 7,800 antitrust cases which have been active since 2009--- those cases have already resulted in $20 billion in damages awarded. Like its predecessors. the platform allows a lawyer to generate custom insights into trends in antitrust case timing, resolutions, finding, damages, remedies, opposing counsel, law firms, parties, judges and venues including multidistrict litigation cases.

﻿﻿“In antitrust litigation, where potentially billions of dollars and companies’ entire futures could be at stake, Legal Analytics for Antitrust helps law firms, in-house counsel and government attorneys develop winning case strategies and data-driven arguments based on the outcomes of thousands of prior cases,” said Josh Becker, CEO of Lex Machina. “The power of Legal Analytics truly becomes apparent in multidistrict litigation where unraveling some of the more complex cases could encumber attorneys for months, instead of finding the desired insights in minutes.”

·The
median time to the grant of a permanent injunction is just under a year and a
half (507 days).Judgments
favoring the defense side (especially findings of “no antitrust injury,” “no
sherman act violation § 1 (restraint of trade), and “no sherman act violation §
2 (monopolization) tend come from judges - either as a judgment on the
pleadings, or as a summary judgment.

·Judgments
favoring the defense side (especially findings of “no antitrust injury,” “no
sherman act violation § 1 (restraint of trade), and “no sherman act violation §
2 (monopolization) tend come from judges - either as a judgment on the
pleadings, or as a summary judgment.

Sunday, November 6, 2016

Greg McCaffery, BloombergBNA, CEO and Scott Mozarsky President
of the BloombergBNA legal division discuss Bloomberg BNA strategy, AI,
predictive technologies, gatekeepers, advisory boards and BNA platform
migration plans. Contrary to recent rumors McCaffrey emphasized that customers
will be able to continue purchasing BloombergBNA vertical products after the
content is migrated to the Bloomberg Law platform.

Following the departure of Bloomberg Law President, David
Perla, I interviewed Greg McCaffery and Scott Mozarsky on some “hot topics” in
legal tech and legal publishing.

McCaffery kicked of the discussion by acknowledging David
Perla’simportant contributions during
his two and a half years at BloombergLaw.McCaffery described BloombergBNA as being in “heavy execution mode" and
underscored how Mozarsky’s background is
perfect for continuing the development strategy begun under David Perla. Perla’s
legacy includes the development of the Bloomberg Law Corporate Transactions and
most recently the Litigation Analytics product. McCaffery is confident that Mozarsky’s
background developing Bloomberg’s cross-platform capabilities is perfect for
continuing the strategy. Mozarksy joined Bloomberg three years ago after
practicing law in private law firms and as
inside counsel. His cross-platform portfolio included: the Convergence
aggregation and publishing platform, CLE, media marketing, law firm event
support and Big Law Business—one of
my favorite daily reads. His focus has been on helping law firms leverage
Bloomberg Law resources to differentiate themselves.

JOG: Will this leadership change have any immediate impact
on your strategy?

GM: Our Strategy will continue to focus on combining
Bloomberg’s business news and analytics with BloombergBNA’s content expertise. We
expect to grow by double digits with a strategy of displacing other products. We
are having great success displacing niche providers in law firms.

JOG: What are Mozarsky’s top priorities?

SM: My first priority is to spend as much time as possible
with customers since customer feedback is critical to innovation. I also plan
to spend time with our employees. BloombergBNA has recently infused a lot of
new talent into the organization and I want to understand their talents so we
can continue to drive innovation through collaboration.

JOG: Is there anything in the pipeline that you can tell me
about?

SM: We will continue to build out analytics. The goal is
to be in the legal market what the Bloomberg terminal is in the financial
market.

JOG: Do you have plans to eliminate the BNA Practice Library
platforms?

GM: We will be migrating the content from the legacy BNA platforms onto Bloomberg Law. This content includes the Labor Law Resource
Center and the IP Law Resource Center.

JOG: Will customers be able to purchase individual practice
libraries after the content is migrated onto the Bloomberg Law platform?

GM: “Yes. No one will be forced to purchase Bloomberg Law in
order to get topical content. There will be new functionality on the Bloomberg
Law platform. Customers can set up alerts and will have access to a full citator
as well as other enhanced Bloomberg Law functionality.

JOG: Is there any content that will not be available to topical
library subscribers?

GM: “Yes. Dockets, Bloomberg News and the Business Development
Center will remain exclusive offerings on the full Bloomberg Law platform.”

JOG: What is your view of the recent “gatekeeper”
controversy? Do you think of librarians and information professionals as “gatekeepers?”

SM: “I have a different perspective. I think that the very
large majority of librarians that I have dealt with are extremely strategic and
knowledgeable. A large majority of the innovation that we have undertaken as an organization isdriven by ideas we get from librarians in law
firms.”

JOG: Bloomberg BNA is the only major publisher that does not
have an advisory board composed of librarians and information professionals .Would you consider having one?

GM: We have asked librarians to act as advisors in the past.
We had one day summit in New York in 2014
. We put fifteen librarians around a table and came away with wonderful new product ideas.”

SM: I think that being able to test ideas and get feedback
from customers is extremely important. I like the idea of having an advisory
board of librarians who can provide regular feedback from a variety of perspectives.
We will definitely consider doing that.

JOG; Are you looking at predictive technology?

SM: Bloomberg has very large data sets and the technology
to look at patterns and trends. We expect Litigation Analytics to be used as a predictive tool. We will continue to leverage the predictive technologies which have been developed
on the business side of Bloomberg to enhance the BloombergBNAproducts.

JOG: Where do you think Artificial Intelligence fits in your
strategy?

SM: AI is both a challenge and an opportunity, but it needs
to be focused on real needs that will benefit the market.

GM: There is an AI team at Bloomberg. AI already being used
to create stories for Bloomberg business news. It has been in use for several
years. In the early daysyou could tell
when stories were written by a machine, but the technology has improved
dramatically. Bloomberg lists the source of those stories as ‘Automated News,’ and those stories are being written by
algorithms.

JOG:You indicated
that your goal is to have BloombergLaw be positioned in law firms, the same way Bloomberg
Business terminal is positioned in financial services firms. Can you elaborate?

GM: The business terminal is a workflow tool that supports
many constituencies in a financial serviced firm. We are developing
BloombergLaw to be a multi-faceted workflow platform offering the best content
and functionality across the spectrum of roles in law firmswhether the user is an associate, partner, business
developmentor research team member.

Follow by Email

Search This Blog

*Hat tip to Melville Dewey, 19th century efficiency reformer, founder of the first School of Library Economy, and inventor of the eponymous decimal classification system based on Sir Francis Bacon's outline of human knowledge.